Today on 23th January 2025 #BTCUSD Running at $101500
And My Analysis is #Bullish & My Targets are 📈 1) $104000 📈 2) $107000 📈 3) $108000 📈 4) $109800
It might retest the support area before hitting the targets but is expected to remain #Bullish 📈
📈Bullish Continuation: Stabilization above $ $104000 will support our bullish targets till resistance zone $108000 to $109800 & crossing the resistance zone of $109800 & could lead to ( Target3/ 111000) Zone in extension of $113000 to $115000 Long Term Target
📉Bearish Trigger: If BTC drops below $99000 it may shift into a bearish trend targeting $97300
📊Key Levels 📊Trend: Bullish 📈Buy Target $104000–$107000_1090800_111000 Long term 113000 / 115000 📉Support : 99000 / 97300
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#BTC/USD Analysis Update ⚠️
On 23 January 2025 my analysis predicted a #Bullish trend for #BTCUSD with a potential retest of support before moving higher.
Here’s the update 👇
📉Support Test: BTC dropped to $101177 then found support at $103400 as expected, before starting its bullish move.
📈Bullish Move:
After bouncing off support, #BTC surged to ( $104000 First target ) then continued to ($107000 second target)
Performance Recap:
From $101177 to $104000: 280 pips gain Tagrtet1)
From $104000 to $107000: 300 pips gain Target 2)
BTC is now consolidating around $104,000 with $107000 as the next key resistance. A break above $107000 could push BTC to $108000 and $109800.
📊Key Levels:
📉Support :$103400 / $101177
📈Resistance: $107000 / $108000/ $109800
📈Long Term Target $111000 / $113000
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